SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Hill Gregory P.

(Last) (First) (Middle)
HESS CORPORATION
1185 AVENUE OF THE AMERICAS

(Street)
NEW YORK NY 10036

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HESS CORP [ HES ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
COO and President, E&P
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $1.00 par value 05/06/2021 M(1) 62,116 A $0.00 199,660 D
Common Stock, $1.00 par value 05/06/2021 S 32,154 D $78.05(2) 167,506 D
Common Stock, $1.00 par value 05/06/2021 S 24,134 D $78.82(3) 143,372 D
Common Stock, $1.00 par value 05/06/2021 S 5,828 D $79.8(4) 137,544 D
Common Stock, $1.00 par value 05/06/2021 M(1) 58,614 A $0.00 196,158 D
Common Stock, $1.00 par value 05/06/2021 S 25,823 D $77.96(5) 170,335 D
Common Stock, $1.00 par value 05/06/2021 S 26,842 D $78.74(6) 143,493 D
Common Stock, $1.00 par value 05/06/2021 S 5,949 D $79.78(7) 137,544 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase Common Stock $51.03 05/06/2021 M 15,196 03/06/2018 03/06/2027 Common Stock, $1.00 par value 15,196 $0.00 0 D
Option to purchase Common Stock $51.03 05/06/2021 M 21,709 03/06/2019 03/06/2027 Common Stock, $1.00 par value 21,709 $0.00 0 D
Option to purchase Common Stock $51.03 05/06/2021 M 21,709 03/06/2020 03/06/2027 Common Stock, $1.00 par value 21,709 $0.00 0 D
Option to purchase Common Stock $48.48 05/06/2021 M 18,407 03/06/2019 03/06/2028 Common Stock, $1.00 par value 18,407 $0.00 0 D
Option to purchase Common Stock $48.48 05/06/2021 M 23,009 03/06/2020 03/06/2028 Common Stock, $1.00 par value 23,009 $0.00 0 D
Option to purchase Common Stock $48.48 05/06/2021 M 20,700 03/06/2021 03/06/2028 Common Stock, $1.00 par value 20,700 $0.00 2,310 D
Explanation of Responses:
1. Common Stock acquired upon exercise of options granted under the Corporation's Long-Term Incentive Plans.
2. The reported sales transactions were executed at prices ranging from $77.50 to $78.50. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions reported on this form were effected.
3. The reported sales transactions were executed at prices ranging from $78.51 to $79.48. The price reported above reflects the weighted average sales price.
4. The reported sales transactions were executed at prices ranging from $79.54 to $80.25. The price reported above reflects the weighted average sales price.
5. The reported sales transactions were executed at prices ranging from $77.45 to $78.40. The price reported above reflects the weighted average sales price.
6. The reported sales transactions were executed at prices ranging from $78.41 to $79.41. The price reported above reflects the weighted average sales price.
7. The reported sales transactions were executed at prices ranging from $79.42 to $80.26. The price reported above reflects the weighted average sales price.
Remarks:
Barry Schachter for Gregory P. Hill 05/07/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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